Winners and Losers of Farmers’ Protests and Possible Outcomes
Winners and Losers of farmers’ protests and possible outcomes By: Vijay SARDANA The main demands are: Repeal Farm Acts Mandatory MSP under the law Ground reality and the Concern is: There is not enough tax collection to meet the farmers demand of the farmers. Total collection of India is just Rs. 16.5 lakh crores. Farmers demand will cost India more than Rs. 17 lakh crores to support all crops, livestock farmers and fisheries sector at mandatory MSP. Under Law, MSP cannot be restricted to only a few selected crops, logically all poor farmers of all farm produce should be covered. When MSP is higher than the world market, productivity and quality are poor, imports will flood the Indian market, Exports will dry up. Every year the increase in MSP will increase more imports. (Please check prices in the world market on the internet and compare with MSP). India has surplus wheat, rice and sugar. We do not want more wheat, rice and sugar. The protesting farmers demand more money f...